Kiran
01 June 2009 at 18:25

advice

ica i.e. institute of computer accounts is offreing 100% job guarantee please tell me what should do either ica, cs, icwa or ca


harish
01 June 2009 at 18:06

Composition dealer

Dear sir,

I want registered in D-Vat as composition dealer, How many amount of security.

What is the elegiblity of secuty dealer.

Harish


Abhishek

Dear All,

There are 17 services which are given on which one can take 100% Input Credit irrespective of whatever be the Output Servicce.

Further, is there any restriction of 20% available on these Input Credits if credit exceeds more than 20% of taxable revenue.



SACHIN
01 June 2009 at 17:26

Return File

I have lot of returns file by e-file.
which site to one user id to file so many returns e-filing ?


aniket
01 June 2009 at 17:16

TDS on Rent

Dear All,

If i paid rent Rs 120000/- pa

then tds required or not


aniket
01 June 2009 at 17:14

TDS on Rent

Dear All,

If i paid rent Rs 120000/- pa

then tds required or not


CA Mayur Sojrani
01 June 2009 at 17:12

Dividend From Capital Reserve

Helloe Friends
My Query is
Can Dividend Can be Distributed From Capital Reserve ?
If Can Be Declare States the Circumstances as per the companies Act ,
1956 , under which it cac be declared or not?


CA GAURAV BHATIA
01 June 2009 at 16:48

Section 40A(3) of Income Tax Act

If a company made advance payment to his emloyee in cash for Rs.3 Lacs, Employee deposited this sum in his personal account and made payment for expenditure exceeding Rs. 20000 on behalf of company through account payee cheque from his personal account.

Whether Provision of section 40A(3) shall apply to company? or expenditure will allow to co.?

Please comment……..


P.S.VISHWANATHAN

ONE OF MY DIRECTORS HAD FILED(WOMAN) HAD FILED HER RETURN FOR THE ASSESMENT YEAR 2006-07. Declaring her income as Rs.2,28,000.00 which also included capital gains(indexing) of Rs.83,000.00 . The tax was paid by her in normal rates as applicable to an individual.

During the assesment the income was arrived at Rs.2,91,971.00. Since special rates was imposed on capital gain,she was required to pay only Rs.7,600.00 as additional tax which was duly paid.

In the penalty proceedings however, the ITO HAS IMPOSED PENALTY OF RS.21,522.00 ON AN ADDITION OF RS.63841.00 (100% OF TAXSOUGHT TO BE EVADED ON THE ADDITION).
MY QUERY IS WHEN THE ADDITIONAL TAX ITSELF WAS RS.7,600.00 ON THE COMPLETION OF ASSESMENT SHOULD THE PENALTY ALSO NOT BE IMPOSED ON THIS TAX ONLY?


Kalpana Kanduri
01 June 2009 at 16:28

TDS on Foreign Services

Dear Experts,

Whether TDS to be deducted for the payments made to a Foreign co. for the services rendered by them outside India?

These are Repairs and Maintenance of Aircraft which are used to fly in India.

Please help me out in this issue.






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